state board of elections asked jms to dismiss that lawsuit.rd had when the jms will rule on the motion. >> we could soon know who will be at the forefront of maryland medical marijuana industry. state leaders say they're close to announcing which companies will be wadded preliminary neary licenses to grow marming narj in the state. while no date is confirmed it could happen by august 5. once granted preliminary approval companies will have to pay a licensing fee and undergo up inspections before obtaining licenses to operate. >> time 5:51 stories you're engaging with most on social media. >> first up new security cautions are being taken for political conventions later this month. and in cleveland a tip line for suspicious activity was launched. they are in lightened alert. the secret se increase medical --. >> d.c. parks are asking pokemon players to be more successful. it has no place in reverent areas and should be put away to the memorial site. finally an expert in pokemon go don't know how. all novices need to do is get in touch with ivy

let's start with jm smucker. it makes meow mix, a host of others. smuckers is giving you a 17% gain. it's up 5.5% since last month. hen hen henry shine. it accounts for 27% of the k company's sales. especially it's given a platform for animal products. i got one pour name. c echle centa. toys, pet carriers. where do i come down on these? we need to choose between blue buffalo. i told you to avoid them. it turned out to be a good call, because they went into free fall. it was about growth. and people didn't want it. right now, i like blue buffalo. trading at 30 times next year's earnings estimating. how about the more diversified, like jm smucker? this one this one's fritriblgy. at the moment, i'd recommend smuck smucker. i would buy the rest when it comes down 5% to 8% to get a better basis. as for central garden and pet -- you invest if blue buffalo or smucker or henry shine. a fabulous place to invest on any scare, whether it be from the fed or overseas or from the p madness of the upcoming presidential election. >>> don't make a move until you he

. >>> jm smucker raising quarterly dividend. the maker of jelly. goes by the name of smucker. jif peanut butter and foldiers coffee will pay the dividend. are you a crunchy guy or smooth guy. >> full throttle, possibly krun which i. >> low fat you can get used to. >> you can. how often do you eat peanut burt. >> not much, but i like it. >> you know, it's protein. good for you. anti-ox dant. >> but it's yummy. as we mentioned one or twice today, the dow and s&p 500 climbing to new highs. u.s. equity indicating a higher opening for stocks. dow up 167 points above fair value. s&p up close to 20. joining us right now is steven parker. he is head of solutions at j.p. morgan private bank. and ed equiwho is portfolio man. thank you for being here today. does this make sense to you to see new highs and hower highs that are going to be set based on what we see this morning. >> it was surprising. we had the huge rebound and still going higher. i do think there's a fundamental explanation for it: that is we finally finished the earnings recession of the first quarr. we're going to see ab

jms sampled five iconic fooldz from each city. how does this all start.> it started when philadelphia and brooklyn were up against each other in competition and to host the democratic national con veption and as philadelphia won carol want aidry rematch. >> while justed pick stek over the cake she won overall. >> former president bill clinton declared wife hillary clinton empassioned change maker as she officially become the first female presidential candidate of major political party in the united states. and the democratic national convention was not without trauma. what berp bern supporters did after the nomination was calle what berp bern supporters did after the nomination was calle called, straight ahead. (vo) we went to hollywood to ask if america's favorites - burgers, tacos and chili could taste just as great made with turkey. thousands stepped into the jennie-o tasting booth to find out. with just one bite, they knew. now it's your turn to make the switch. snv hello philadelphia i can't believe we just put the biggest crack in the glass ceiling

. >> jm smucker raising quarterly dividend. the maker of smuckers jelly, peanut butter and foldiers coffee will pay that dividend on the first. >>> when we come back, a cushion for brexit blow. we're waiting on a big decision this morning from the bank of england which could send interest rates to the lowest in history. we will discuss a potential market impact, next. images, videos, social updates. we call it dark data. 80% is invisible to most businesses. the ibm cloud has tools that can help see dark data and put it to work. hello, my name is watson. working with watson in the ibm cloud, we can help an energy company predict pipeline corrosion. and help a start-up to use social data to predict market trends. now businesses can get more out of their data. that's what the ibm cloud is built for. >> sams thanks for joining us. what are you expecting today? a rate cut. >> next month we're looking for a further cut. we think the floor at 1.4%. and also we think easing as well. >> the pound has rallied in the last couple of days.

also seeing a lot of m & a activity, whether jm smucker, mjm or something pete and i talked about. a simple u.s. thing, oriented towards pizza. dominoes. >> pete, wonder if it's time to batten down the hatch as bit now this this sort of initial, the brexit sell-off, then brexit comeback and facing now the reality of a slowing global growth picture. bond yields around the world mostly negative. ten year, i said, 1.38. what's the message and what are investors supposed to do? >> they're coming. getting lower and lower, people attacking. the one place they can see it. the most important thing now, mohammed mohammed olairian. the volatility close yesterday, he talked about it. some south of the 50-day moving average. at that low, considering the market we're in now, but take advantage of these swings. the low end. look where it is now, scott. getting back down towards the lower end of volatility once again. 13s, today, yet today and yesterday in the 15s. actually today popped up, now starting to pull back a little. interesting to see where the shifts go. one other thing. talk about uti

pepsico, pretty good earnings, jm sucker. all with nice gains. back to you. david: thank you, lori. oil seeing a huge reversal today all happening about 11:00 a.m. oil dropped like a rock. as we heard from lorely, it was because of this inventory report. phil, explain. >> basically we got our hopes built up for a real bullish report from the american petroleum institute said crude oil supplies fell by 6.7 million barrels! oh, my goodness. this came in line with expectations but wasn't nearly what they said in api. only 2.2 million barrels. it set the stage for a poor report. we sagas lien production soar to the highest level ever. demand, record high, 9.8 million barrels a day. refiners are keeping ahead of record gasoline demand, creating a glut, putting further downward pressure on price. gold we pulled back first time in four sessions. a little profit-taking ahead of that jobs report. i think the move, dave was negative on oil. it doesn't bounce back. they were concerned about the jobs report doesn't bode well for demand. david: bodes well for going to the gas pump. thank you. me

that 200 people killed and 14 others wounded and military leaders detained 3,000 officers and 3 dozen jmsox's gary tipy has the latest. >> they've about keeping a close eye froking out and for policy tools on the situation. the president reiterated united states is unwaiveerring support for democratically elected civilian government at turkey. they believe the coup was led by a secular group weapon the turkish military at odd with islamic stek yolz of. >> turkey is key alli in middle east and vital partner in fight against iraq and syria of isis. >> secretary of state jop kery says u.s. stand for democrat he he cannily elected leaders like turkeys and indicated u.s. officials did not see it comin coming. >> if you plan a coup you don't exactly 'tis to your partners in nato. it surprised everybody in it does not appear to have been a very brilliantly planned or executed event. but, be let's reserve all judgment until all the facts are in. >> today's secretary kerry also spoke with turkish counter part both toe express support and offer assistance with turkey's investigation into the coup.

. >> three things in your portfolio, j and j, bristol myers squid, and jm schmucker. >> or coffee.e one they own? >> they bought the folgers brand. that's the growth consistency name that we're looking at. they had a great earnings report. growth consistency. we like that at huntington for our customers. mix it with a new set of diversification rules. ta. >> we see the u.s. economy continuing to grow. >> we've seen this at starbucks, target, that offers some opportunities. particularly in consumer staples. they're going to be spending it in a way in those areas, and that gives us positioning income and also upside potential. >> are you worried that some of the traditional plays have gotten so highly priced that they're not safe anymore? >> i certainly do. if you look in consumer staples, they're a little bit expensive. in relation to growth, they're still reasonably priced. look at financials. i don't think anyone is really expecting the fed to raise rates. there's a potential for an upside surprise. >> i want to come back to you, because you're an ohio guy. you live in columbus. t

in supervisor tangs jm news letter there is announcement forer garden workshop, watering in a drought. there is announcement for presentation getting the most from your small space food garden. supervisor tang also advocates for district 4 front yard ambassador program. one of the goals of the program is to and i quite, provide permeable surface to take pressure off combined sewer system and rechrj undergraud aquifer. the same is sds of rear yards. according to the state department of water resources, the entire land mass of san francisco sits over a series of aquifers. the [inaudible] west side, south san francisco marina and downtown aquifers. urban agriculture in rear yards help with storm water management and rechrj the city aquifer. this is a baby squash from my rear yard garden. thank you. >> any additional public comment on item 4? seeing none, public comment is closed. supervisor farrell. >> thank you chair wiener and thank you to supervisor peskin and thank you to those who came out for public comment for those that works on it and legislation as well. i think there is a lot

funo as the humidity around town.d t we just have lot of congestion. 7:56 right now beltway jammed jmtgomery county, c 95 over to georgia. 95 southbound the icc to theo beltway.wa. bw parkway north and southboundh outside the beltway in belt beltsville slow-moving traffic.c you jam again out by powder milr road and then inside the beltway right now from 50 down past e northbound side jams from the fe beltway towards laboratory roadr and then 50 jams from theom beltway all the way past 295. 25 new york avenue by bladensburglu is slow. 395 inbound from the springfield interchange to the 14th streett bridge jams and gw parkway pa sprout run to the key bridge bde jammed up traffic and in glennle echo cabin john clara bartonarto dealing with sluggish traffic as well. keep a fox5 morning news. ♪ ♪ >> this is fox5 news morning. >>> right now at 8:00 o'clock, live look outside on thisn wednesday morning.ng it's july 6, 2016. 201 weather and traffic coming up on the 5's at 8:05. 8:0 good wednesday morning i'm mor allison seymour.soymour. >> i'm steve chenevey. i'm s c great to be here this mor

jm >> 76 degrees at 9:00 o'clock i' the morning.thrnin dulles 74.lles4. bwi marshall 74.al74.0 cl reedition few minutes early. there you go. quiet, beautiful, sunny, bright, low humidity, mid up to per 80s8 later this afternoon. but look on the horizon moreizor heat on the way by thursday andu friday. mid 90s around here heat index x near 100 again by the end of the air-conditioner is still humminh along.alon >> all right. let's find out about roadways. are they humming?ummi >> not so much.h coming on 8:57 right now weow w still have problem delaysel there's a crash right near pikee at summer field drive.. hazmat situation incident we'ren dealing with there.dealing witht twenty eight north at 50 there'e a crash they're also a crash 272 south as you pass urbana andrbaa then on the westbound side of 6f right by centreville you hit y h some big delays because of aau o crash block ago few lanes. les let's see if we can forward ouro maps and show you what elseatls you're up against this morning.i taking a wide view you can seeus that delay coming down 270 innen loop still jams from

in supervisor tangs jm news letter there is announcement forer garden workshop, watering in a drought. there is announcement for presentation getting the most from your small space food garden. supervisor tang also advocates for district 4 front yard ambassador program. one of the goals of the program is to and i quite, provide permeable surface to take pressure off combined sewer system and rechrj undergraud aquifer. the same is sds of rear yards. according to the state department of water resources, the entire land mass of san francisco sits over a series of aquifers. the [inaudible] west side, south san francisco marina and downtown aquifers. urban agriculture in rear yards help with storm water management and rechrj the city aquifer. this is a baby squash from my rear yard garden. thank you. >> any additional public comment on item 4? seeing none, public comment is closed. supervisor farrell. >> thank you chair wiener and thank you to supervisor peskin and thank you to those who came out for public comment for those that works on it and legislation as well. i think there is a lot